While board member Martin Gilbert did not commit to the London Stock Exchange, his comments contrast with those of Revolut’s co-founder and chief executive Nik Storonsky, who said last year that he did not “see the point” of listing in London due to the UK’s regulatory environment. Storonsky added that he would likely choose New York’s Nasdaq exchange in the event of an IPO. A point of frustration among Revolut’s top brass stems from the fintech’s more than three-year struggle with regulators to secure a UK banking licence.
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Revolut keeps ‘open mind’ on possible IPO venue as it hints at listing plans
“All the moves [regulators] are making are good – they’re allowing founder-led companies like Revolut to list here rather than just have no choice,” he told the Financial Times. “But again, let’s see how it all pans out. The proof will definitely be what happens in the future.”
